Korea Independence Party

The Korea Independence Party (KIP) was a national conservative party in South Korea that was founded in Shanghai, Republic of China by Kim Koo in 1928. The KIP united a faction of conservative members of the Korean Provisional Government led by Kim, and the party was rivals with the socialist Korean National Revolutionary Party. Kim was initially supportive of Syngman Rhee, but Rhee's support for separate elections in South Korea after World War II led to the KIP not participating in the 1948 parliamentary elections. Kim was assassinated in 1949, leading to the sharp decline of the KIP. The party dissolved in 1970 after several failures in the parliamentary elections.